12, MARCHBANK DRIVE, CHEADLE, SK8 1QY - £385,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 MARCHBANK DRIVE is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £385,000 in July 2014, which was around 31% above the average July 2014 detached price in the Stockport local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

12 MARCHBANK DRIVE Sold Prices

Land registry data shows two sales for 12 MARCHBANK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stockport local authority area for the corresponding sale date. Both of the two 12 MARCHBANK DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 10 JUL	£385,000	£294,299	31% above HPI
2007 12 OCT	£437,500	£297,768	47% above HPI

12 MARCHBANK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stockport local authority area over time, sourced from the HPI. The two 12 MARCHBANK DRIVE sales from October 2007 and July 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2007 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the July 2014 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 12 MARCHBANK DRIVE?

12 MARCHBANK DRIVE is 70m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses in Cheadle, based on EPC data. The below chart shows the distribution of detached houses by size in Cheadle, and where 12 MARCHBANK DRIVE lies on this distribution: 11% of detached houses are smaller than 12 MARCHBANK DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Cheadle.

12 MARCHBANK DRIVE: Plot and Title Map

12 MARCHBANK DRIVE sits on a plot of roughly 4.0 acres, or 16,313m². The below map shows the location of 12 MARCHBANK DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 MARCHBANK DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 MARCHBANK DRIVE?

12 MARCHBANK DRIVE is located in CHEADLE, in the SK8 postcode district. The below map shows the position of No. 12 on MARCHBANK DRIVE.